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've been saying, will be held wednesday. it will focus on domestic,such as the economy, health care, and governing. so we've assembled a panel of distinguish americans, i would say, to talk about the state of country and where they think america is today. mark zandi is with the moody analytics. he has a new book out called, "paying the price, ending the great recession and building a new american century." michelle rhee is the head of students first, an organization that hopes to reform public education. she, of course, is the former head ofure d.c. schools. former speaker newt gingrich is rejoining us. he does not have a new book out, but his wife calista, does have a new book out, a children's book that will be coming out tomorrow. bob woodward, an associate editor of the "washington post" is the author of "the price of politics" he's written more books than this entire table combined. well, maybe not when you put newt gingrich in there. and pulitzer prize-winning author hendrick smith who has a new book called, "who stole the american dream?" all you people are here to sell books
and virginia and different states, what i hear from women is they want jobs in the economy is issue number one. they want specifics. thiept ton what is going to be done to repeal, replace obamacare. make that workable. they're looking for detail. and i think a lot of the undecides are there and that female vote is very soft. and larry i think you're seeing that in your polling, too. it's very movable and as we get into the debatees, as people react-- women are appalled with what happened in libya. and i think they're looking for some accountability. they want to see a serious-- >> schieffer: what you're saying is mitt romney is not specific enough. he needs to give us some more details on what he plans to do. >> i think you're going to see that come forward in the debates and over the next couple of weeks, and he has started to roll out some of the specifics and that's what women are wanting to see. >> schieffer: bob shrum, you were an adviser to john kerry. you were an adviser way back when ted kennedy, i guess, debated mitt romney in that now-famous senate race of long ago. what would you be
zero economy. the past ten years, zero jobs growth, zero wage growth, zero stock returns. which part of that equation is the most crippling? >> i think all of them. if you think about the middle class, where they need jobs, they need wage growth. we've seen average meaning household income actually go nowhere and importantly in their 401(k)s have become 201 ks, they need robust stock returns. if we're going to get wage growth and jobs growth clearly we have to do, as the guest said, we have to restore the manufacturing base. one good news i have in this triple zero economy, i think going forward the next decade for stock returns will be a lot better than the last decade. the reason is simple and somewhat troubling. first of all, if you think about the stock market here in america, it's physically located here but increasingly, its returns are located elsewhere. >> sorry to interrupt you. the very thing that's been a trend many would say hurtful for american workers is the thing that can help american investors because these are companies that don't necessarily need american workers.
at the format now, it's all on the economy. if i were jim lerher i'd have more flexibility. it's dominating the headlines finally. if i'm romney, i'd bring it up in an answer. why? the economic security is tied to the national security. he has an opportunity, i think, to slip it in. question is, will he? >> greg: yes. will he slip it in? i'm not sure -- >> andrea: greg, i have to tell you something, greg. you know, i have been away from you guys for less than 24 hours but i had a dream about you guys last night. >> greg: really? i need to know now. >> andrea: yes. eric bolling was giving danad nutritional advice and you and i went furniture shopping. weird. google fresh i can. i don't know how to hand -- >> greg: freaky. i don't know how to handal that. >> dana: it could be the rarefied air. i'm curious if you walked down the hall to gymnasium, when i was on the university of denver gymnastic team. i think they showcased themselves well so far. >> greg: way to drop in your background as a gymnast. stop it! >> dana: anything. >> andrea: i haven't seen your shots yet. it haven't seen the pict
are concerned that a tax increase of that size could shock the economy and trigger a recession by reducing the cash that taxpayers have to spend. but scott, congress and the president now have a firm price tag on what it costs if they don't reach a budget deal after the election. >> pelley: wyatt, thank you, the u.s. economy is also being hurt by what's happening far beyond washington, all the way across the atlantic. senior business correspondent anthony mason has more on that. >> reporter: in spain this weekend, police clashed with protesters angry over austerity measures the government's been forced to implement. a quarter of the work force in spain can't find jobs and the unemployment rate in the 17-nation euro zone has now hit a record high-- 11.4%. for three straight quarters, the european economy has been shrinking and federal reserve chairman ben bernanke said today america is feeling the impact. >> it has been a problem for the u.s. economy. we have seen head winds coming from slowing trade. >> reporter: if you combine imports and exports, the european union is our biggest trading
to average americans, the economy. let's run this through the spin cycle. i think this is a double-edge sword. on the one hand, this election is about the economy. and regardless of how tempting foreign policy is right now, come election day, voters care most about the economy. that's true i think every year. we know this from 2004. which was supposed to be an election on foreign policy and still exit polls showed most voters cared about the economy. so i think the advisors who want him to stay on message about the economy are right. however, the other side to this, and i guess i'm arguing two points here, the other side to this is, there are areas to exploit. obama's foreign policy has been whitewashed by his defenders and i think there are people on the right in the middle and honest people on the left who would be outraged to hear a little bit more about obama's failed promises. the problem mitt romney is going to have, he has to come at foreign policy from the left and right. that's tricky. from the right, he needs to talk about obama's policy of open hands versus clenched fists, have see
's all about the economy. yesterday he made an interesting pitch to the crowd saying, i need you to go out and tuque to obama. vote for me this time. so they're really trying to target tho voters. as i heard you say earlier,n thpresland in crowd, the romney spinners are pushing back on the polls. they insist they're within the margin of error but they offer no proof of that. he's hoping for big crowdser more enthusiasm and hoping to open the gap here because as you owiny nohio. >> ron allen following the campaign for us. ron, thank you. let's look at the map itself when it comes to ohio. there are less than a thousand hours until election day. is that sinking in? bodisti the campaign trail. if ohio is really leaning toward the president, what does that mean for mitt romney and his potential path to victory? let's go to the latest nbc news battleground map and show you where thisd. last week we moved from toss-up to lean ohio. the president's lead, it went from 24 2770. what does this mean if you give him ohio? well, watch. so you give the president of ohio, he gets up to 261. he use no
taxes will help grow the economy? >> no. >> ryan's expression back there when he looks over at portman, kind of intriguing. it would be curious what a thought bubble would be going on over there. but it's a little bit of a change for romney. he had often been accusing the president of raising taxes or citing increases, i thinking about the health care law, et cetera. a romney adviser put out a memo yesterday explaining how capital gains are taxed. as they say, if you're explaining how capital gains are taxed, not just calling for different ways of lowering them, if you're simile having to explain it, you're losing. romney has also tried to make china a boogeyman and he did it again in ohio yesterday. >> that when people cheat, that kills jobs. china has cheated. i will not allow that to continue. [ cheers and applause ] >> this is one issue where romney has tried to go on the offense with china since he got on the campaign and frafrmgly the obama campaign has been on the defensive about it which is why when obama is in ohio today he's going to make the amount about ohio. he filed trade
, a shortage of water is keeping not just crops but the entire economy gov growing. ice government cuts its economic growth estimates. erthony mason looks at the drought and other threats to jobs. israel's prime minister shows how close he believes iran is to a nuclear bomb. how close is it? david martin looks into that. mark phillips on a controversy ealthe art world. she has that mystic smile, but ?s this a real mopa lisa? who says crime doesn't pay? jim axelrod on an auction of memorabilia from america's most notorious criminals. >> reporter: this was in clyde's waistband? captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. it turns out the economy is growing even more slowly than we thought. the government told us that u.s. growth in the second quarter was an anemic 1.7%, but today, the commerce department put out a new estimate showing us it was even less than that, just 1.3%. and this is what caught our attention in the report-- the government said half of the downward revision can be blamed on the drought. it's destroying crops, incl
's economy is dead flat, teetering on recession. 10-year high for unemployment and france puts in place huge tax increases. bill: i'm reading the two measures bringing around half a billion euros. >> that's it. >> what will that do for them? >> not much. there are other taxes as well which will bring in a total they think of 20 billion euros. bill: higher tax rates on dividends? >> dividends, capital gains, dividends, profits, reinvestment of capital, interest you name it. bill: here is a query for you. are they cutting spending at all? >> by about $10 billion euros. $20 billion worth of tax increases. $10 billion worth of spending cuts gives you a 30 billion euro reduction they think in the budget deficit. bill: well on the spending cuts, how much resistance was there? >> there is going to be a lot of resistance. in france there is really a cradle to grave security system and the state is at the very center of the economy. when the state starts cutting into to spending, cutting down on spending, there will be some resistance and it will be seen on the streets. bill: do you expect the wealth
18,000 jobs in the sector. that is where the economy is being structured these days. 10,000 jobs in construction. manufacturing, 4000 jobs. melissa: we were looking at 113, does that make that same life? i just want to remind everyone that is not a good number. >> finding the list that the government number includes state and local layoffs. i don't think that adp number includes that. when you look at those two numbers since january, you will see a defeat for 172,000 jobs a month where it is about 150,000. it has to be above 200,000 to keep up with population growth. again, 8.2% we are looking at coming in for friday. lori: full employment around 4%? nobody talks about that anymore. >> we just talk about the jobless rate. lori: the temperature is going down, find your heating costs going way up? the impact the winter will have on the economy. melissa: take a look at metals had with those who break. gold trading up. copper, basically what. we will be right back. ♪ you see us, at the start of the day. on the company phone list that's a few names longer. you see us bank on busier
today's economy. too many of those who are working are living paycheck to paycheck. more americans are living in poverty than when president obama took office. and 15 million more are on food stamps. my plan will create 12 million new jobs over the next four years. we shouldn't measure compassion by how many people are on welfare. we should measure compassion by how many people are able to get off welfare and get a good paying job. i'm mitt romney, and i approved this message. >> i think that ad just makes my point, they're tone deaf. good morning, it's thursday, september 27th, as you take a look at a wet times square in new york city. i'm in chicago this morning, but with us in new york city with willie geist, our national affairs editor for "new york" magazine and msnbc political analyst, john heilemann. also former treasury official and "morning joe" economic analyst steve ratner and nbc news chief affairs correspondent and host of "andrea mitchell reports." >> we have affairs. >> andrea mitchell. and in washington, for "the politico playbook," executive executor jim vandehei.
-founded companies. silicon valley tends to be a harbinger of things to come in the national economy. nationwide it accounted for the creation of half a million jobs tweens 1995 and 2005. so why are we sees a reverse brain drain? on the one hand, we're now seeing a tangible impact of what i call the rise of the rest. the u.s. remains a pre-eminent power with the best institutions of higher learning and research in the world, but increasingly if you're an immigrant from india, china, or brazil, you can find competitive opportunities for growth at home too. as these economies continue to develop, they will invest more in infrastructure, making businesses more attractive. but another development, one which we can control, is even more worrying. we're losing our huge advantage in immigration, especially in skill-based immigration. our system is broken. he points out that we allocate 140,000 green cards or permanent residency status to people who are here on work visas. these visas allow workers to jump shep from working on a company to starting on their own, creating jobs, but the law stipulates tha
when he talks about the economy. that is the private sector track record. the flip side, the weakness is the 47%. some of the attacks he's taken in terms of that business record. i think mitt romney's biggest problem though, chris, is the sense people can't be sure exactly if he believes what he's saying. he needs to project authentic passion for what he believes his plan would do for the american economy to make the 47% lives better as well as the other 53. >> what do you think, e.j.? >> i thought the definitive line on politics, what you need is sincerity, if you can fake that, you can do anything. it's troublesome on this question of authenticate. what is authenticity? romney has taken a number of positions on issues which you will be sure obama will try to sneak in there somehow. he can be ferocious and disciplined. go back to that newt gingrich debate in florida where he dispatched newt gingrich. he can be very good. i think he can have real highs, but also can have lows and say the darnedest things sometimes. >> i want to bring in georgia congressman tom price. good to see you,
they will turn it into something political. it will really be hard, when you think about the economy we are in right now, how can you tell individuals we will raise the price of work did right now we need more work. it would be a bad time to do that. both sides will ultimately agree on that. dagen: we are looking at this calendar with 20 days left at work just for the representatives to deal with this. why isn't the uncertainty, why isn't there any other business that would impact the economy. >> it is entirely possible. you would almost think if the economy or the marcos thought they would let us reach the cliff go over it, you would see a lot of forward activity. the fact you are not seeing it suggests that markets think we get to the final days they will actually come to a deal. a little over a year ago it was that we were days from government default, but, ultimately, they came to a deal. dagen: john, good to see you. as always, thank you. connell: breaking news now. it is on the libor investigation. this is from the exclusive reporting from our own charlie gasparino. chuck grassley
they both say that they have the answers to try to turn the economy around xshgs it really comes down to appealing to we think about 6% of the electorate right now who hasn't decided who they're going to vote for. of that 6% they live in nine states, including the state that i'm standing in right now. the other states that we're really focussing on as we just talked about, virginia, florida, ohio, it's also nevada, iowa, new hampshire. it's all across the spectrum of who these candidates are trying to reach out to, suzanne. >> and right where you rshgs of course, you mention in colorado nine electoral votes. critical to get them to the magic nm number needed to win. president obama seems to have the advantage in this state, and, of course, the dnc held their convention there back in 2008. how much does it matter to have the hometown advantage, to have the people who are sitting in that audience and perhaps you are ahead in the polls? does it make that much difference in a debate setting? >> well, he certainly has a little bit of a lead right now, according to the latest cnn poll of po
any issue, including the economy where he's at a six-point deficit to the president. six points on the economy? oh, my ohio. mitt romney knows that's trouble. and in a brand new ad one reason is clear, as romney plays face the camera doing his best damage control over that 47% video. >> president obama and i both care about poor and middle class families. the difference is my policies will make things better for them. >> and, cut. very good. that was marginally convincing. maybe a little more -- tell you what here's an example of a politician speaking this afternoon in bowling green with genuine authenticity and commitment. >> my opponent may think it's fair that someone who makes $20 million a year like he does pays a lower rate than a teacher, i disagree. i don't think that's fair. i don't think it helps grow our economy. i refuse to ask middle class families to give up their deductions for owning a home or looking after their kids just to pay for another millionaire's tax cuts. we're not going to do that. >> dear me. did we mention ohio voting starts in
ago, europeans were worried about whether the american economic crisis would blow their economies off course. >> now it's the other way. >> today it's very much the other way round. actually, america, given where they came from on all this, actually it's pretty remarkable that they are where they are today. >> one of your successors, british prime minister david cameron has been in new york this week and went on the letterman show. he got hijacked a bit. let's watch a bit of this. i'm sure you'll enjoy this. >> and the literal translation was what? >> again, you're testing me. >> it would be good if you knew this. >> no, no. you found me out. >> oh, good heavens. magna carta literally means great chart. >> he ruined it. i was going to ask you. be honest. >> magna carta, because i'm slightly older than david cameron so i learned latin in school. >> you would have known? >> well, by the way he learned latin in school. let me tell you, there is nothing worse than being on these types of shows -- i used to get -- i would never get nervous about, you know, certain level of apprehension abo
about the economy. they went after joe biden for his gaffe on saying the middle class has done poorly under the president, but i think, again, they're trying to do things in this tactical way that just hasn't worked for them so far and i think every day they're not having mitt romney out forcefully explaining what the president has done on the economy, is not a great day for them. now, he's in a better place than a lot of the pundits have suggested but i don't really think they have days to waste on things like this and the backlash against it was so strong. when drudge tees something up, even though he tilts right and even though a lot of people denigrate him, it gives the republicans an opportunity to dominate a news cycle. when they cry wolf with a 5-year-old video, it undermineds something so effective as a delivery mechanism over the years. >> i want to open this up to our panel here. karen, the debate, structure of the debate tonight, three segments on the economy, one segment on health care, one segment on the role of economy. no question on vintage youtube clips which is a tot
trying to explain why he is pumping even more money into the economy. connell: the supreme court back to work today. whether your cell phone data is protected under the fourth amendment. judge andrew napolitano coming up. dagen: costing apple billionths. connell: let's start with nicole petallides. nicole: looking pretty good here today. we see the dow is up more than 1%. the s&p up nearly 1%. the text -- tech heavy nasdaq up. this was after three months of contraction. that was some good news there. another thing helping things along -- the dollar is lower, the euro is higher. you are seeing just about every name in the dow with an up arrow. i want you to take a book here at macy's. they will higher 80,000 for the seasonal. kohls, amazon, toys "r" us, just to name a few. dagen: host chris wallace had a little trouble getting information from vice presidential candidate paul ryan on his tax plan. >> it is lower by 2013. >> how much does it cost? >> it is revenue neutral. [ talking over each other ] >> we will get to that. >> let me just tell you. it would take me too long to go throug
private enterprise to grow the economy. the other, his version of president obama's view is that government is still in control of everything. the challenge for governor romney and the debate on wednesday is going to be fully articulate his vision for america's future to the largest audience of his political career. >> we need to give the american people the choice we are offering. that is what we are offering. we owe the country a very clear choice of a different future. we can have a dynamic growing economy that produces opportunity or we can have a stagnant opportunity that fosters dependency. >> romney campaign is looking for a solid performance, no knock outs which the governor has become famous for. he has been avoiding those since he tried to make the with governor perry. >> what is the word on the foreign policy message for romney? >> the governor has an op-ed in the "wall street journal" saying of president obama, by failing to maintain our new, president obama has heightened the instability. he does not understand that an american policy that lacks resolve can p
, including iowa. it'timeor aew enomiargument. patriotism. rooted in the belief that growing our economy against with a strong, thriving middle class. read my plan. compare it to governor romney's and ciorrs anksor lteni. >> the president introduced the theme of economic patriotism into his stump speech at a campaign event in virginia today. >> during campaign season, you always hear a lot about patriotism. well, u know what? it's time foa neecon ioti. an economic patriotism rooted in the belief that growing our economy begins with a strong and thriving middle class. >> this is a new line in the president's campaign speech. it's not simply a call for policies and programs to support the middle class. it's a contrast with his opnent. thcontst ion fl display in another ad using mitt romney's own words. >> there are 47% of the people who will vote for the president no matter what, who are dependent upon government, who believe they are victims, who believes government has a responsibility to care for them, who believe they're entitled to health care, foo houng, u nat. they'll vote for the p
if the governor wants to, he can use this format, which is open ended on the economy, talk about the economy, but also about american strength and how that can or will be affected in the future economically. so i wouldn't be surprised at all if what you saw in that op-ed that governor romney wrote for the "wall street journal" doesn't become part of a response to a larnler conversation about not just economics in america, but the economic projection, the values projection and foreign policy pro jex. >> let me ask you about the format. debate formats have been krit krzyzewskied. it's going to be six segments. the moderator has some ability to let it go and bring the conversation more broadly. breathe more than we've seen in the past. does that favor one person or the other? >> no, i don't think so. i think as you know, who goes first was determined by coin flip and there's a slight advantage of having your opponent go first. in the opening, romney won the coin toss because president obama goes first and that means that mitt romney can make adjustments after he's spoken, even after that some.
. that's what's happening now, coming to grips with their economy is going to be horrendous for a long time. >> thank you very much. i'm sure we'll check back with you later this morning. >>> we have to go? really? we do? all right. coming up, this football stuff. >> we'll get into some of this. >> today's national weather forecast. in sports, another team clinches a major league baseball playoff spot. but pointless, really. going to lose to the reds one way or another. >>> both president obama and mitt romney will be in ohio today. the story behind that swing state. >>> welcome back. take a look and you'll see that the dow futures are slightly higher. s&p futures up by close to two and a half. this comes after the market ended on its weakest levels of the day yesterday. yesterday was the worst day for the month of september for the dow. it was the worst day in two months for the nasdaq and it was the worst day in three months for the s&p 500. all of that kind of playing out overseas as well. in europe this morning, you are going to see some red arrows. a lot of concern about what's ha
the fallout of the crisis threatens the u.s. economy on your 401k. amy kellogg joins us from london with more. >> reporter: it affects your 401k was the markets of course are corelated and the markets in europe are down. also the s&p derives a significance portion of its earnings from european then american companies have operations overseas that make money in europe, therefore if the economy here is in a bad way that hurts americans. there was this big strike in greece today that got violent when some black-hooded anarchists kind of took advantage of the situation, throwing gasoline bombs at police. they used a general strike and march as a vehicle to just rage against authority. over 50,000 people came out. they are processing the further cuts that are coming their way . many in greece are generally desperate now having seen their salaries drop by more than 20% already since austerity became a way of life in greece. social safety networks are not able to save people. one person at the demonstration was quoted as saying, we are bleeding, we can't take it any more. the new conservative-led co
the president's handling of the economy and what mitt romney would do were he elected president to fix the economy. so that is basically the game plan from the romney campaign, do no harm and live to fight another day. >> it is interesting to say he's not looking for a knockout punch, that's apparently what shannon o'brien who was hoping to win that gubernatorial race in massachusetts back in 2002, that's what he said she was so good at. we're talking to her later. romney has been pretty -- he's been known to get forceful, jim, when he lets his dander up, if you will. let's look at a clip here from a debate, a year ago, this is romney, rick perry, mostly romney. roll it. >> the way the rules work here is i get 60 seconds, and you get -- and you get 30 seconds to respond, right? anderson -- would you please wait? are you just going to keep talking? >> yes. >> are you going to let me finish with what i have to say. >> remember that moment? i guess my question, having seen that back and forth, remember, you know, romney kind of getting into rick perry's face, can you be that aggressive to
years like the last four years. we have to get the economy going again. >> campaigns go head to head. what the latest means. nate silver will be asked if romney can win and deepak chopra, wesley clark and ameerah al-taweel. things get lively at the clinton global initiative. >> you want to make farming sexy, don't you. >> furious talk from the angriest man in america, lewis black. >> the whole world coming here. you are screwing up the traffic. this is "piers morgan tonight." good evening. our big story tonight mahmoud ahmadinejad made his speech. the u.s. and canadian delegation stayed away. even so mahmoud ahmadinejad painted iran as the victim and to blame israel. ultramodern weaponry and pledge to disclose armaments in due time is now being used as a new language of threat against nations to crush them to to accepting a new era. continued threats by the uncivilized to resort military action against our great nation is a clear example of this bitter reality. >> crystal spent i'm in iran. his best selling book is "half the sky" turning oppression in to opportunity for women
a red flag for the economy. we'll talk more about the transports and what they're telling us at 6:40. we'll also focus on the economy with the man who is charged with officially calling recessions and the end of those recessions. james poterba will be here at 7:30. and our corporate story of the morning, smartphones and mobile devices. apple launches the new iphone 5 in 22 more countries today and this comes after blackberry posted better than expected quarterly results after the bell last night. still, it is an uphill climb for this company. we'll be talking to research in motion ceo. and plus we will welcome today's political news maker, senator rand paul, one of the nation's best known tea party members. and by the way, in case you went to sleep early last night, the official nfl refs were back on the field. get this, they got a standing ovation as they took the field. the ravens beating the browns 23-16. we will have more on the game and on what's happening in sports at 6:20 eastern time. first andrew has the morning's top business headlines. >>> on the global markets agenda, results
the economy's getting better. i trustresident obama now to lehe ecy. i m who's up against huge unemployment numbers. you can rattle through all the economic data that should not be good for president obama. and yet in three or four states that matter, the tide is switching on those questions. >> don't you think florida is shocking? of those three, i tught florida nine points is the most ki >>nnepoll, florida four points in "the washington post" poll. i've said it for months, any repuican candidate that's losing the state of flori has serious problems. >> willie's right, the economic numbers are huge. the othething that relates is e geer g. inseesuiipia polls. the gender gap is gigantic. why did the romney campaign have as their surrogates bay buchanan and liz cheney and kelly ayotte? because they have a huge gender problem, and they're not addressingt with these daily attacks on the president's so-called es >> ry o"leno" last night. i didn't see the whole thing, but the clips i saw, i don't know. i know that's tough to say, but the relatability issue is constant. >> you know, and there's a
with romney failing to make the sale on almost any issue, including the economy where he's at a six-point deficit to the president. six points on the economy? tt rney kha. trouble. and in a brand new ad, one reason is clear, as romney plays face thecamera, doing his best damage control over that 47% video. >> president obama and i both care about poor and middle class e difference is, my policies will make things better for them. >> and, cut. very good. that was marginally convincing. maybe a little more -- tell you what, here's an example of a politici speaking this nuauti an in bowlingreen wit come >> my opponent may think it's fair that someone who makes $20 million a year, like he does, pays a lower rate than a teacher, i disagree. i don't think that's fair. i don't think it helps grow our economy. mi t give up their deductions for owning a home or looking after their kids just to pay for another millionaire's tax cuts. we're not going to do that. >> dear me. diwe mention ohio voting starts in sidays? i'm delht to be joined now by former ohioer t strickland with us from columbus
night. >> pelley: tonight, a shortage of water is keeping not just crops but the entire economy from growing. the government cuts its economic growth estimates. anthony mason looks at the drought and other threats to jobs. israel's prime minister shows how close he believes iran is to a nuclear bomb. how close is it? david martin looks into that. mark phillips on a contwo verse net art world. she has that mystic smile, but is this a real mopa lisa? who says crime doesn't pay? jim axelrod on an auction of memorabilia from america's most notorious criminals. >> reporter: this was in clyde's waistband? captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. it turns out the economy is growing even more slowly than we thought. the government told us that u.s. growth in the second quarter was an anemic 1.7%, but today, the commerce department put out a new estimate showing us it was even less than that, just 1.3%. and this is what caught our attention in the report-- the government said half of the downward revision can be blamed on the droug
: tonight is the debate and the economy will be front and center. would you expect the president to admit any of this policies did not work? >> reporter: i would expect the president would deflect attention away from his record. if if you ask where is the middle class going next year after the election, you have -- i would say that the middle class is going to get maybe even worse off because we look like we are head for a real slowdown in the economy and the word recession next year has been used frequently. >> it's being bantered about. stu varney, thank you so much. bill: joe biden was in charlotte, north carolina making that comment. 15 electoral votes. a look at how he succeed, 4.3 million votes cast in the state. president obama won by 14,000 votes. he carried a 100,000 vote margin in charlotte which is where mr. biden was. he had a narrow margin of victory, more than any other state. in charlotte unemployment is above 10%. we'll see how they do, it's tough to win against those numbers. jamie: those numbers are seen in many places,en it will be interesting to hear about what they sa
of the economy in all three states. 51% of polled voters say the president would do the better job. >> okay, let's go back to the last slide, guys. and mark halperin, let's talk to you. i know you agree with me that the media is liberal. guess what? republicans have somehow managed to win despite that media liberal bias. you've said it repeatedly on this show. so despite that fact, mitt romney is not getting crushed in all three of these states because of the liberal media bias. what's happening there, and why is he losing so badly, especially in ohio? >> well, it's very unlikely the president will win those states by those margins, but these numbers are not out of line dramatically with private polling and some other public polling. i think the biggest problem right now remains him. he's not driving a consistent message. the president does -- says something, the republicans get all excited about it. they treat it like a gaffe. they'll talk about it for a day. and then they'll move on to something else. the biggest danger to me right now for the republican party are two things. one is that you l
't really amount to much. yesterday they had a sort of a veterans message and an economy message during events in virginia but they can't wait for just the debates. i think conservatives want to see not just big events in terms of big ideas but big events that grab the nation's attention. the romney campaign is frustrated because they say all the press asks them about is process but that's par for the course and true in every campaign i've ever covered, the press will talk about process particularly polls. mitt romney, conservatives are waiting for him to be big in events, big in message, big in personality. it seems like right now the campaign is waiting for him to do that in the debates. >> mark, you know why they focus on process, because there's not substance to -- you know, it's funny, in 1988 facing a more hostile press george h.w. bush never once whined about process. you know why? because james baker told the press what they were going to be following. and he told the candidate what he was going to be doing. and every week the candidate did it. the message was unbelievable. but
character and not about the economy. what do you think about, that, larry, a beauty pageant? >> i hope not and i don't think that is basically true. look, do people react to candidates as human beings? of course. but they also are fundamentally concerned about the country as whole. the basic issues of the campaign including the economy apply to people's evaluations of a debate. so, no, i really don't agree with that quote. i think it is entirely too superficial in more ways than one. jenna: you might be fun to have it more like a miss america pageant. >> i do not want to see candidates in bathing suits personally the that's just my preference. jenna: we all have our own preferences when it comes to learning more about the candidates, larry as you rightly point out. we'll wait until wednesday night to see what we talk about on thursday morning. always nice to have you, larry. >> thank you, jenna, could be a talent contest. not just bathing suits. we're learning more about the deadly attack on the u.s. consulate in libya as there are more calls for the united nations ambassador susan ric
- on a mistake saying that the economy and middle class is buried. >> it is heart beat away from the presidency stories to lock in the file. it is a matter of opinion who buried the middle class over the four years it is a matter of the fact the middle class has been buried. income down $4000 for the average american family. and then you have personal welt. destroyed by a 30 percent drop in housing prices . what about the american dream and aspiration of middle america. they think it is darker for their children than brighter for their children. i would argue that the middle class is buried over the last four years and that was a gaffe, big gaffe by vice-president biden and give the republicans fodder for the debate. >> brian: i think he's campaigning for a year, they forget it is their report card. and mitt romney was buried in debate preparation. he said. i agree with joe biden which is why we need a change in n >> who buried the middle class? is it president obama's policiless or go back to the bush administration and their policiless . i have an opinion that said largely president obama's f
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